SOURCE: American Web Loan

September 11, 2012 21:18 ET

American Web Loan™ and the Online Lenders Alliance Join to Warn Consumers Against American Web Loan Imposter Scams

American Web Loan™ and the Online Lenders Alliance Caution Against Imposters Claiming to Be Agents of American Web Loan; Consumers Should Work Solely With the Company's Official Website

WASHINGTON DC--(Marketwire - Sep 11, 2012) - American Web Loan™ (www.americanwebloan.com) and the Online Lenders Alliance (www.onlinelendersalliance.org) have joined to campaign against an 'American Web Loan Scam' where individuals and entities pose as agents of American Web Loan.

According to American Web Loan™ and Online Lenders Alliance (OLA) officials, there is an increasing number of fraudulent individuals or groups posing as online lending agents by creating false websites, advertisements and telephone campaigns that appear to be operated by American Web Loan™. American Web Loan and OLA are working together to warn consumers who might be taken in by imposter websites that seek to collect personal information in an attempt to commit fraud or other online scams.

OLA encourages consumers who feel they may have been the victim of an online scam to call the OLA Consumer Hotline at (866) 299-7585, a resource specifically created for consumers to report fraudulent websites or phone calls to a live trained operator. You may also file a complaint or get free information on consumer issues, at ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357).

"Although American Web Loan™ works diligently to identify and remove fake advertisements and misleading websites, it is vital consumers make certain they are on the company's actual website before entering any personal information on a form," said American Web Loan general manager Jamie Schumann.

For maximum safety, OLA and American Web Loan encourage consumers to log in to their account before applying and work solely with OLA-approved lending networks.

About Online Lenders Alliance:
The Online Lenders Alliance is a professional trade organization representing the growing industry of companies offering online consumer small, short-term loans. OLA member companies abide by a list of Best Practices and Code of Conduct to ensure that customers are fully-informed, fairly treated and are using all lending products and practices responsibly.

About American Web Loan:
American Web Loan is a tribal lending company that is wholly owned by the Otoe-Missouria Tribe of Indians and its members, a sovereign nation located within the United States of America. AWL is dedicated to providing short-term financial solutions to Americans in need. Since its formation in 2010, American Web Loan has built a nationwide reputation for spearheading the industry's most innovative financial products backed by a singular commitment to client service excellence. The company combines an unparalleled team of experienced and dedicated financial professionals with state-of-the-art online technologies to successfully meet emergency financial needs. In addition to its sought-after portfolio of loan choices, American Web Loan offers comprehensive customer loyalty and financial education programs expressly designed to help solve money challenges in the short-term and improve clients' lives in the long-term.

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